Like Spring Cleaning...sometimes you just gotta toss some stuff out! Like those high interest rate credit cards you keep in your wallet! Toss those things away and get your cash flow to a point where you are in control!
Recently, Trans Union Credit Reporting of Chicago(and one of Canada's most trusted Credit Bureau Companies) published a report that stated that most Canadians carry an average of $26,000.00 in Credit Card and/or Line of Credit debt...not to mention the Auto and Personal Loans they didn't disclose. Credit Card Interest Rates in Canada range between 3% and as high as 29.99% - depending on your credit profile. When you consider that mortgage rates are still at record lows (Less than 5%) - - - it makes you wonder why we continually toss our money away on interest we can avoid! Sure you plan to pay it off...but it can catch up with us - and sometimes it gets away on us...that's when we are really in trouble. And while we are talking about credit cards - let me say something about Reward Cards - unless you are extremely diligent - reward cards can be damaging. The cost of those reward cards are normally in the 15%-19% range...be careful - those rewards aren't cheap!
Stop losing sleep over your monthly obligations - let us work with you to show you where you can reduce your costs and improve your finances!
A debt consolidation loan is a single loan (generally from a financial institution) that allows you to repay your debts to several or all of your creditors at once. You are then left with only one outstanding loan — to the financial institution. In addition to streamlining your debts into a single payment, a debt consolidation loan may also offer you an interest rate that is lower than that charged by your creditors saving you money in interest charges. This option can be especially attractive if you have outstanding debts at a relatively high rate of interest (for example, those charged on some retail store cards or credit cards). We can arrange for a loan equal to the amount of your total outstanding debts that are currently due. In most cases, we will settle all the debts for you and, in return, the only monthly payment you will have to make will be to them.
Eligible debts
Eligible debts?? Really?? YES - ELIGIBLE DEBTS. Believe it or not...there are some debts that are NOT eligible for most lenders. If you want to deal with the "best of the best" and get the "best rate of best rates" - then you have to understand there are some things you can and can't do. For instance - you CAN pay off Credit Cards, Loans, Lines of Credit, Family Obligations, Utility Companies, etc...but in the same breath you CAN'T pay off Canada Revenue Debt, Delinquent Mortgages, or Delinquent Property Taxes! Those 3 items are the Unholy Trinity for most of our lenders...and the guys that can lend to you to pay them out are liken to those you could borrow from out of a cargo Van in a dirty alley...let's just say, "The House Always Wins". Need we say more??
Who qualifies?
The good news is - MOST people qualify! Even those who say, "Not Me"...yup - YOU TOO! And for those who may not qualify this moment - Our Service is FREE! Part of our Service is to help you overcome those "bruises" on your credit and to propel you to the place you need to be. But, you won't get our help if you don't ask! So call NOW. 877-75-FOCUS!